Technical analysis of NZD/USD for February 12, 2018

NZD/USD is expected to trade with a bullish bias above 0.7225. The pair rebounded from 0.7225 after touching the rising 50-period moving average. The relative strength index is above its neutrality level at 50 and lacks downward momentum. Hence, as long as 0.7225 is not broken, look for a further advance with targets at 0.7280 […]